Buyers of new-build homes on a Canterbury housing estate face "outrageous" service charges in excess of £1,000 a year.A two-bedroom flat on the Royal Parade development off Littlebourne Road comes with annual maintenance fees of £1,190 under a leasehold deal, while prospective owners of a four-bedroom house must find £900 a year.Developer Taylor Wimpey says the costs are for upkeep of green spaces on the former Howe Barracks site, such as an 11-acre area of communal parkland and residents' front gardens.But campaigners say these "estate charges" are unfair and, with no guarantee they will not escalate, also risk making the homes unsellable in future.The fees are payable on all 171 homes being built during the development's first phase, including shared ownership and social rent properties classed as affordable housing - bringing in a total of about £130,000 a year.BT worker Keith Hince became a member of the National Leasehold Campaign after finding out his flat in … [Read more...] about New build buyers charged “outrageous” estate fees
New build guarantee scheme
Countries everywhere are focused on supporting Small and Medium Enterprises (SMEs). From successive G20 presidencies (Turkey, China, Germany) to many of our emerging country clients, supporting SMEs has become a clarion call. While this support appears to be largely driven by the global unemployment crisis (particularly among the youth) SMEs contribute much more than just jobs, including exports, production, innovation, diversification, geographic dispersion, and opportunities for women and youth entrepreneurs. A lack of access to adequate finance is one of the biggest constraints SMEs face worldwide. It is estimated that between 50% to 70% of SMEs in emerging markets are either not funded or under funded by the formal financial sector. If SMEs are responsible for delivering so many economic benefits – why are banks so reluctant to lend to them? Clearly there are problems of information asymmetries – weak accounting data provided by SMEs, a tendency … [Read more...] about Do credit guarantee schemes encourage banks to lend to SMEs?
A YOUNG couple from Dorset moved into their new-build three bed house seven months ago but the builders are still not quite finished. Natasha Paul, 21, and Marcus Healey, 24, picked up the keys to their new house in Sherbourne, Dorset in December last year. Since then the builders still have a set of keys and pop back to fix faults, such as a dodgy radiator or cracks in their walls. But as the couple have a two year guarantee from the building firm on the property it doesn't cost them a penny extra. And although they don't regret anything, the pair still can't wait for it all to be finished. Every week we nose around a first-time buyers' pad - cribs style - in our My First Home series. First things first, what's your house like and how much did you pay for it? It's a new build semi-detached with three bedrooms in Sherbourne, Dorset. We bought the house for £232,955 and we needed a 5 per cent deposit which was £12,000 between us. We pay £680 a month for our mortgage … [Read more...] about Young couple moved into new build 3-bed house six months ago but builders are still fixing faults
Galgorm Resort & Spa is calling on young adults interested in a career in hospitality to apply for its new apprenticeship initiative. Representing an annual investment of £250,000, the ‘Go to Grow Apprenticeship Programme’ will expose students to the hotelier’s world-leading hospitality approach as well as guaranteed employment at the resort or one of the company’s other restaurants for successful participants.The one-year programme offers three areas; Food & Beverage Service, Professional Cookery or Spa Therapy. Apprentices will be in a position to learn as they earn, gaining both practical hands-on experience whilst achieving accreditation through the City & Guilds or CIBTAC qualification frameworks.Delivered in conjunction with Northern Regional College and Bronwyn Conroy Beauty School and within the accredited qualifications framework, the Go to Grow Apprenticeship Programme will offer participants a weekly mix of master classes and … [Read more...] about Galgorm commits £0.25m annually to new hotel talent scheme
AS MOVIE pitches go, it's a killer: 'murderer who can't remember committing murder teams up with his victim's father to exhume her body'. Needless to say, hilarity does not ensue in The Dig, a slow-burning thriller which will close the Belfast Film Festival on Saturday night. Written by Stuart Drennan (6 Degrees, Seacht), it's the debut feature from Belfast film-making twins Ryan and Andrew Tohill (35), who cut their directorial teeth on acclaimed shorts such as 2012's award-winning Eye-Line and Insulin, 2015's prequel to Stephen Fingleton's post-apocalyptic indie hit The Survivalist, while also working behind the scenes on the likes of Game of Thrones, Line of Duty, The Fall and Stephen Frears' Philomena. Starring Moe Dunford (Patrick's Day, Vikings), Emily Taaffe (Beast, Paula), Francis Magee (Rogue One, Jimmy's Hall) and Lorcan Cranitch (The Legend of Longwood, Love, Rosie), The Dig finds the Tohills reunited with Insulin producer Brian J Falconer, who collected a Bafta win and … [Read more...] about Belfast’s film-making Tohill twins dish the dirt on their brand new thriller The Dig